Bill Longbrake is one of the three founders of LUA and has a heart and passion for Africa along with the numerous other projects that he supports in the United States. He is chairman of the LUA Board of Trustees. Bill has extensive experience in finance and investments, macroeconomics and monetary policy, risk management, housing, and public policy. He has served in business, academic and government organizations.
Beginning in June 2009 he became an Executive in Residence at the Robert H. Smith School of Business at the University of Maryland and participates in the Center for Financial Policy. He spends one to two weeks monthly working on a variety of business, policy and governance issues with faculty, students, business leaders, government policymakers and executives of not-for-profit organizations. He is a board member of HLP, a non-profit organization that provides a data management and communications web portal to housing counselors and home mortgage servicers. He is a nonvoting member of the Washington State Investment Board, which manages approximately $110 billion in public employee retirement funds, and serves on the Audit Committee. He chairs the board of trustees of the College of Wooster; and is a director of both City First Bank of DC and City First Enterprises, a national bank and community development financial institution; and is a director of BECU, America’s fourth largest credit union. He is president and chairman of the board of trustees of the Longbrake Family Foundation.
Bill had an extensive career in Banking as the CFO and Vice Chair of Washington Mutual, Inc. He began his career in Washington, D.C. in 1970, where he served in various government positions until 1982, including acting senior deputy comptroller for policy and senior deputy comptroller for resource management for the Office of the Comptroller of the Currency and financial economist, acting controller and special assistant to the chairman at the FDIC. He served as CFO and Deputy to the Chairman of the FDIC in 1994 and 1995.
He earned his bachelor of arts degree in economics from the College of Wooster in 1965, graduating with honors. He earned his master’s degree in monetary economics in 1968 and his master of business administration degree in 1969 from the University of Wisconsin. He received his Ph.D. in finance from the University of Maryland in 1976.